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Prices Paid: Buying & Leasing Experiences Mercedes-Benz M-Class Lease Questions
254 messages, Last post on Aug 06, 2008 at 5:11 PM
You are in the Prices Paid: Buying & Leasing Experiences Forum. Your Hosts are car_man & kyfdx
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Replying to: kris17 (Sep 07, 2006 9:25 am)
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Replying to: bonch2004 (Sep 07, 2006 10:13 am)
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Replying to: kris17 (Sep 07, 2006 8:13 pm)
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Replying to: bonch2004 (Sep 08, 2006 8:34 am)
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Replying to: kris17 (Sep 08, 2006 8:48 am)
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Replying to: bonch2004 (Sep 08, 2006 10:07 am) below invice. But who knows... if your happy with the car and don't care for a rear-view camera (2007 new product) go for it. |
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could you please post the current MF and residual for the ML-350 at 15K miles/year and 36 or 39 months whichever MB is using.
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Replying to: cfopv (Sep 18, 2006 8:09 am) 36mo/15k mi Residual 57% of MSRP - .00285 money factor. .00285 really is'nt that great (it works out to 2400x .00285= 6.84%) I've see people talk about .0022= 5.28% and as high as .00333= 8%. If you have great credit many dealers work with Chase also to lease their cars and I have gotten very good rates through them when the manufacturs rate was much highier. Good luck. P.S. BMW's new X5 comming out around the first of the year looks to have greatly redone thier interior and the fit and finish looks far richer than MB . The pricing may seem a bit highier but when you figure in BMW takes care of ALL maintenance for 4 years they become much more competivly priced to the ML. I'm strongly considerilg an ML500 around then, but I'm going to test drive the X5. The only problem appears that BMW will intially come out with only a 3.0 liter (around $43k) and a $70k+ 4.8liter version at launch. I feel the 3.0 liter will be a little underpowered when you stuff 7 people (yes they will have a 3rd row seat in the much bigger X5) and the 4.8 liter at $70k+ is a little too much for my blood. But the interior is really looking nice.... just like a 7 serise. Good luck SUV shopping (it's a good time to be a buyer with so many luxury SUVs competeing, M-class, Lexus RX, BMW X5, Audi's Q7, and Cadilacs new SRX). |
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Hi, I was quoted the following odd combination today (high MF and enormous residual %): MSRP~~~~~~~~~~~~~51690 Sale Price~~~~~~~49700 Term~~~~~~~~~~~~~39 months Miles/yr~~~~~~~~~12K Term & Disp~~~~~~1190 Tax (MA)~~~~~~~~~5 % Upfront fees~~~~~1100 MoneyFactor~~~~~~.00415 (yikes)  Residual~~~~~~~~~68 % (huh?)  cap reduction~~~~~~~~5000 total outofpocket~~~~7065 (incl first payment) monthly payments~~~~~699 I just really don't understand this combination, esp. with a "purchase option" of 31680 (I think this means post lease, but this doesnt seem to synch with the residual in the lease calculations.) Is this a good deal ? Do the numbers add up ? I have tried two different lease calculators and I can't duplicate the payment with these numbers. Thanks, Scott |
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Replying to: scottlma (Sep 22, 2006 6:38 pm) But again if your credit score is say less than 600, this might make sence. It appears that a person with such a score would be paying about $6k-$8k more to lease this car as opposed to someone with top-tier credit rating (above 730). Good luck.....
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